Dr Nick

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About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 339 Weeks Ago, 5 Days Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Biology Posted 21 Jun 2017 My Price 13.00

The company offers financing for the franchise fee, start-up costs, equipment, and inventory.

You are convinced that purchasing a franchise is your method for becoming a small business owner. You are presented with two possible franchise operations. In a short paper, discuss the merits and potential drawbacks of each of these franchises. Which franchise would you invest in, and why?  Snip 'N Clip (SNC Franchise Corporation):This franchisor began business in 1958 and started franchising in 1985. Its business is providing all kinds of hair procedures. There are 84 locations throughout the United States, 43 of which are owned by franchisees. The initial franchise fee is $10,000, and total investment ranges from $50,950 to $58,450. The company doesn't offer financing.Smoothie King:This smoothie company finished on top of the juice bar category in Entrepreneurmagazine's 2007 Franchise 500 list (it finished 91 overall). Smoothie King began franchising in 1988, selling healthy snacks in Covington, Louisiana. There were 437 independent franchises in 2006. The franchise fee is $25,000, the royalty fee is 6 percent, and the start-up costs range from $121,000 to $250,000. The company offers financing for the franchise fee, start-up costs, equipment, and inventory.

 

Answers

Dr Nick
(4)
Status NEW Posted 21 Jun 2017 04:06 AM My Price 13.00

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